Taxi Insurance in Minnesota
Get a Minnesota Taxi Insurance Quote Now
Reliable & Affordable Taxi Insurance in Minnesota
Spending so much time on the road as a taxi driver comes with many potential hazards. Don’t risk another day without comprehensive insurance coverage! Good quality insurance will protect your drivers, passengers, vehicles, and business as a whole so that you can operate your business with the utmost confidence and peace of mind.
We understand how difficult it can be to keep up with local insurance regulations in Minnesota and figure out the exact types of auto insurance your transportation business needs. That’s why our specialized taxi insurance agents are here to guide you through the entire process from start to finish! We’ll ensure you comply with Minnesota requirements and help you find the best possible coverage for the best possible price so that you don’t break the bank in the process. We have extensive experience working with transportation businesses of all kinds, including taxi, limousine, black car, livery, shuttle, delivery, and NEMT (non-emergency medical transportation) companies. Request a free quote today to start exploring your options!
How Getting Minnesota Taxi Insurance Works
Common Questions about Minnesota Taxi Insurance
Are there different types of taxi insurance?
Yes, the three most common types of taxi insurance are third party insurance, third party fire and theft insurance and lastly, comprehensive insurance. Third party insurance is the most basic that covers the cost of compensating other people for injury or damage caused by your drivers, but not injury or damage to your drivers or vehicles. Third party, fire and theft insurance is a mid-range approach that covers everything listed in third party insurance plus damage to your taxi caused by fire or theft. The third type, which we highly recommend, is comprehensive insurance which covers all the above, plus protection for your drivers and vehicles.
What factors determine the price of taxi insurance?
The primary factors are: 1. The coverage you select; 2. The location of your business; 3. The specifics of your taxi cab(s), including the make, model, year and size of the vehicle, and the number of vehicles and drivers in your fleet; 4. Your business’ hours of operation and how many miles you drive each year; and 5. The driving record of your taxi driver(s).
Is auto insurance mandatory?
Yes, auto insurance is mandatory in every US state. However, insurance laws vary by state, so it’s best to visit your state government’s transportation website. Important note: taxi insurance is legally required as well if you drive a taxi for a living. Taxi insurance is extremely important in order to protect you, your car and your customers.
What is the difference between taxi insurance and regular car insurance?
The difference lies in what coverage is included in the policy. Auto insurance covers claims that result from an accident, but does not cover general claims relating to a company’s business practices. Taxi insurance covers the vehicle, the driver, and any passengers or bystanders should an accident occur. Taxi insurance can also cover vandalism, theft, fire, and damage from accidents that are the company driver’s fault.
Hear From Our Current Customers
“I have known the Oswald Insurance Agency since my teen years (well over 15 years!), and I cannot speak highly enough of David! He is helpful in the extreme, always goes the extra mile to find what is right for you, is caring and considerate, and just a joy to deal with! David is my most trusted advisor for not just insurance, but finances in general. If you’re looking for a trustworthy person/agency to deal with, look no further!”
– Rachel (Google Review)
“We have enjoyed a long time business relationship with Oswald Insurance. David has been such a value to our company over the years. David knows what he is doing. His whole staff is A+”
– Kristi (Google)
A Few of the Cities We Proudly Serve in Minnesota
- Minneapolis, MN
- St. Paul, MN
- Rochester, MN
- Duluth, MN
- Bloomington, MN
- Brooklyn Park, MN
- Plymouth, MN
- Maple Grove, MN
- Woodbury, MN
- St. Cloud, MN
- Eagan, MN
- Lakeville, MN
- Blaine, MN
- Eden Prarie, MN
- Coon Rapids, MN
- And more!
Don’t Risk Another Day Without Coverage